FYI: Today’s article features Gary Stringer, president and chief investment officer of Memphis, Tennessee-based Stringer Asser Management.
The U.S. economy continues to steadily climb, while some global economies, especially in Europe, have faltered. U.S. firms signaled strong business activity during May, while European PMI data suggests business activity is slowing and optimism is softening. We expect this soft economic activity to continue.
Regards,
Ted
http://www.etf.com/sections/etf-strategist-corner/time-stick-home-bias
